Summary:

The European Commission considers Finland to be one of the countries who are at risk to violate the rules of the Stability and Growth Pact. Minister of Finance Petteri Orpo states that the Commission’s view was expected and that corrective measures will need to be taken in order to put the Finnish economy back on a sustainable track. The EU has also reached an understanding on the Union’s budget for next year. The agreement is in line with Finland’s goals. Finland found it important that the focus of financing reflects current needs better.

Media:  Verkkouutiset / Nykypäivä

Date: 17.11.2016

Journalist: Ilkka Ahtokivi

Main source: Minister of Finance Petteri Orpo